I strongly believe that knowing who rules us is part of the repertoire of every individual who considers themselves educated. But these are just conspiracy theories, aren’t they? No, it is heavily evidence-based, with strong internal logic. For example, every country is affected by the Iron Law of Oligarchization, and every country has its background eminences.
Respected authors and their reliable sources
Nomi Prins and Ferdinand Lundberg are highly respected authors known for their detailed investigations into the influence of financial elites on American and global politics. Their works are grounded in rigorous research (evidence-based), drawing from a vast array of credible sources to provide a nuanced understanding of how banking and wealth have shaped key historical events.
Super-rich families and bankers: All the President’s Bankers
In All the Presidents’ Bankers, Nomi Prins meticulously traces the relationships between U.S. presidents and prominent bankers over more than a century. Her sources include archival materials from presidential libraries, which provide primary documents like letters, memos, and meeting transcripts that reveal the close ties between the banking elite and the White House. Prins also taps into government documents and reports from institutions such as the Federal Reserve, which help to illustrate the regulatory and financial frameworks that these bankers influenced.
To enrich her narrative, Prins uses historical books and biographies that document the lives and careers of significant figures in the banking world, such as J.P. Morgan and members of the Rockefeller family. She also relies on contemporary newspaper archives and periodicals, which offer real-time insights into the bankers’ influence on policy during key events like the establishment of the Federal Reserve and the financial maneuvers during both World Wars. Additionally, Prins includes interviews and oral histories to provide firsthand accounts and deeper context to the historical records she examines.
Evidence-based: America’s 60 families
Ferdinand Lundberg’s America’s 60 Families focuses on the concentration of wealth and power among America’s richest families up to the 1930s. Lundberg’s built his work on a foundation of public financial records, including tax filings, corporate reports, and stockholder information, which he used to trace the financial networks and investments of these influential families. He also drew heavily on government investigations, particularly those conducted by the Federal Trade Commission and various Congressional committees. These were tasked with scrutinizing monopolies, trusts, and the concentration of economic power. Lundberg supplemented these official records with journalistic accounts from investigative reporters of the time, which provided critical insights into the behind-the-scenes operations of these powerful families. Historical works that documented the rise of financial empires in the U.S. further contextualized his analysis, allowing Lundberg to paint a comprehensive picture of how these families exerted control over American economic and political life.
The House of Morgan and others
In addition to these two authors, other scholars have similarly explored the intersection of finance and politics. Ron Chernow’s The House of Morgan is a notable example, where Chernow uses extensive archival research. This includes personal correspondence, bank records, and interviews, to chart the history and influence of J.P. Morgan & Co. Charles Higham’s Trading with the Enemy relies on government archives and corporate records to delve into the financial relationships between American companies and Nazi Germany during the 1930s and 1940s. Meanwhile, Murray Rothbard’s America’s Great Depression examines the economic policies of the era, utilizing government reports, economic data, and historical analyses to critique the role of the Federal Reserve and financial elites in precipitating the economic collapse that led to World War II.
These authors collectively draw from a rich tapestry of primary documents, government records, journalistic investigations, and secondary historical analyses. Their work highlights the deep and often opaque connections between wealth, power, and governance, and how these relationships have profoundly shaped both American and global history. The sources they use reflect a commitment to uncovering the intricate interplay between financial power and political influence, providing valuable insights into the dynamics that have defined the 20th century and beyond.
Conclusion of evidence-based literature
Despite people being reluctant to believe that there are powerful interest groups, there is substantial literature proving the opposite.
The truth is that this literature is marginalized, and it is difficult to find it.
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